Originations

Mortgage applications for new homes declined again as worries over the stock market and the global economy outweighed lower interest rates for potential buyers, the Mortgage Bankers Association said.

Mortgage industry hiring and new job appointments for the week ending Jan. 18.

1st Alliance Lending CEO John DiIorio explains why the mortgage lender turned down a consent order with the Connecticut Department of Banking and the high cost of fighting what he sees as an overreach of regulators' enforcement power.

Bank of America's first-mortgage production dropped almost 26% year-over-year in the fourth quarter of 2018, but it experienced a less severe 10% decline in home equity lending during the same period.

American homeownership has been on the decline, and Federal Reserve researchers point to the high cost of college as one culprit.

Purchase mortgage application volume reached its highest level in almost nine years as homebuyers took advantage of what might be a fleeting window for lower interest rates.

Wells Fargo and JPMorgan Chase had reduced mortgage-related earnings in the fourth quarter as home loan activity continues to fall short of expectations.

Citigroup's residential mortgage originations declined 23% and its home-loan revenue dropped by 35% year-over-year in the fourth quarter of 2018, as the company continued to distance itself from home loans.

Many federal agencies have been closed for more than three weeks, making it the longest shutdown in U.S. history. With no end in sight, here's how it's affecting banks, credit unions and mortgage lenders.

The American Bankers Association has called for an end to the government shutdown, saying it has prevented customers from securing loans and threatens even more damage.

Mortgage industry hiring and new job appointments for the week ending Jan. 11.

Average mortgage rates continued the downward spiral that started before Thanksgiving and in the past week that finally boosted mortgage application activity, according to Freddie Mac.

Continual declines in the refinance share of mortgage originations led to prepay rates dropping to their lowest levels since 2009, according to Black Knight.

Consumers reacted in a big way to falling interest rates as mortgage applications increased 23.5% from one week earlier, according to the Mortgage Bankers Association.

Highlands Residential Mortgage credits its ability to recruit and retain high-performing loan officers for its ability to thrive during in declining originations market.

Here's a look at key findings from the 2019 Best Mortgage Companies to Work For survey, highlighting the qualities that distinguish companies on the list from those that are not, and how the offerings from small, medium, and large companies on the list compare.

Having authentic curiosity as a core value and hiring people who embody it is how Radius Financial Group builds out a strong fintech base, complete with AI and robotic automation.

By eliminating a sense of hierarchy, promoting innovation and offering attractive work perks, New York-based lender Better Mortgage succeeds as a top employer by investing in its employees as it does its customers.

When husband and wife Rick and Patty Arvielo set out to establish a strong corporate culture for their company, New American Funding, they turned to a leadership seminar from online retailer Zappos.

National Mortgage News is pleased to present the inaugural Best Mortgage Companies to Work For, a survey and awards program dedicated to identifying and recognizing the industry's best employers and providing organizations with valuable employee feedback.